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The U.S. ethanol industry is lobbying the Biden administration to ensure lower-carbon aviation fuel made from ethanol will qualify for subsidies.
Planting has been running smoothly, but you notice a few rows are consistently planting a higher or lower population. Here are things to check.
Soybeans planted from April 3 to April 10 were hit the hardest as they were snared by temperatures dipping below 28°F. Corn didn’t dodge the damage, either. Ferrie says some corn crops at the V1 stage were smoked.
The number of farms in the U.S. is declining while the average farm size increases and land in farms remains relatively constant. Here’s the latest numbers from USDA’s Economic Research Service.
On Jan. 1, 2023, the percentage immediately deductible through bonus depreciation (a provision in the Tax Cuts and Jobs Act) went from 100% to 80%. It will continue dropping by 20% each year until it reaches zero.
A tough down day in grains with massive fund selling, weather played a role as well as the China corn cancellation. Cattle back near highs, while hogs fail. More with Alan Brugler of Brugler Marketing.